The city will contribute $14 million to redevelop part of the site of the U.C. Townhomes, a former affordable housing complex on the 3900 block of Market Street that a private landlord closed.
The University of the Arts is joining a long list of small, private colleges that have shut down in recent years amid demographic changes and pandemic turmoil.
Student protests over the Israel-Hamas war have popped up on an increasing number of U.S. college campuses following last week's arrest of more than 100 demonstrators at Columbia University.